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Buyers and sellers adopting a wait-and-see approach to housing market

Metro Vancouver home sales are moving at a pace similar to last year, dipping roughly three per cent compared to March 2025. According to Greater Vancouver REALTORS®, 2,032 homes sold in March 2026—2.8 per cent fewer than last year and well below the 10-year average of 2,981.

Big picture (what’s really going on)

  • Buyers are watching external factors (rates, global uncertainty)

  • Sellers are hesitating to list

  • The result: a steady but cautious market

Prices aren’t moving dramatically because:

  • Demand is softer

  • But supply isn’t flooding the market either

Simple summary

  • Buyers: more choice, some negotiating power, but act decisively on the right property

  • Sellers: homes are selling, but only with sharp pricing and strong presentation

  • Market tone: balanced, cautious, with early signs of strength in detached

With inventory up and demand steady, it’s a market that rewards preparation, patience and good advice.

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